Is true they plan on loading the rail wagons with fresh water at the port to take back to the mine after tipping out the magnetite concerntrate?
This is a fantastic idea, I would speculate there are a number of benefits associated with this option that realy boost the economics of this wonderful project such as lead to a further premium on top of the premium paid for producing the world's best iron ore.
Tax break, this option significantly reduces carbon footprint (train loaded both ways) so again one should expect tax reduction ultimately increasing profitability which then of corse flows directly back into shareholders pockets, hello DIVIDENDS.
Ann: Progress Update Webinar with CEO Tim Dobson, page-72
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